The article below explains how Google reached an agreement with Voltus for an arrangement where residential and commercial batteries, smart thermostats, and other electricity consumption are managed to reduce demand when the power grid is under strain. This approach provides the grid with additional capacity without relying solely on building new production. At the same time, the solution supports the power supply for Google’s data centers.
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Google and SpaceX have signed a major deal in which Google will rent AI computing capacity from SpaceX for $920 million per month.
The collaboration, lasting approximately three years, will begin in the fall and covers 110,000 Nvidia chips.
The agreement was announced just before SpaceX’s initial public offering (IPO) and aims to meet the high demand for Google’s Gemini Enterprise platform.
Key Points
- Ahead of a planned IPO, SpaceX has inked a deal to rent compute capacity to Google at $920 million per month for 32 months.
- SpaceX announced a similar arrangement with Anthropic in May.
- Google parent Alphabet has made a windfall from backing SpaceX, which was worth $12 billion at the time of its 2015 investment, and is looking to go public at a valuation of over $1.75 trillion.
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Tesla is making progress with self-driving robotaxis and is already driving in Texas largely without safety drivers. However, according to the article below, Waymo is still clearly ahead thanks to its thousands of cars and services operating in multiple cities.
On the other hand, Tesla’s camera-based solution could be cheaper and more easily scalable than its competitors’, but its safety and functionality on a large scale have yet to be proven.
Progress in those areas could help strengthen confidence in Tesla’s long-term robotaxi ambitions. The report also noted that Tesla’s valuation remains closely tied to expectations for autonomous driving.
While Waymo currently leads the industry in commercialization, Tesla’s lower-cost platform, manufacturing scale, and integrated ecosystem could become important advantages if the company successfully accelerates deployment over the coming years.
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